Specific Types of Retirement Accounts
There are several specific types of retirement accounts that can help you save for your future. Some common types of retirement accounts include:. Continue Reading Below
Encyclopedia Articles
Discover the definition of financial terms related to specific types of retirement accounts.
Locked-In Retirement Account (LIRA): Definition, Benefits, and Practical Examples
Silas Bamigbola
What Are RRSPs? Examples and How to Maximize Your Savings
Abi Bus
Automatic Investment Plans (AIPs): Definition, Benefits, and FAQs
Abi Bus
Double Advantage Safe Harbor (DASH) 401(k): Definition, How It Works, Benefits, and Considerations
Dan Agbo
Advance Funded Pension Plan: Meaning, Benefits, Risks, and Key Differences
Dan Agbo
Guardian IRAs: Definition, Benefits, and Case Studies
SuperMoney Team
Allocated Benefits: Definition, Regulation, and Comparison with Retirement Plans
Alessandra Nicole
Cash or Deferred Arrangement (CODA): Definition, How It Works, and Examples
Alessandra Nicole
What is a Pension Option? Explained: Types, Examples, and Considerations
Abi Bus
Retirement Vesting: What It Is, How It Works, and Examples
Abi Bus
Learn About Specific Types of Retirement Accounts
Gen X's $1.24 Million Retirement Gap: The Numbers, and How to Close It
SuperMoney Team
Trump’s New 401(k) Order: Will Crypto and Private Equity Change Retirement Forever?
SuperMoney Team
Free Financial Calculators: Mortgage, Retirement & Home Equity
Andrew Latham
Behind on Retirement Savings? How to Reboot Your Retirement Plan
Jessica Walrack
Defined Benefit Vs Defined Contribution Plans
Camilla Smoot
Secret of Retirement Savings: Making Up For Lost Time?
Jessica Walrack
Ultimate Retirement Guide
Andrew Latham
Walmart 401(k) Plan: 6% Match & Rules Guide (2026)
Emma Dillon
Can I Contribute to an IRA and my 401k?
Benjamin Locke
How To Roll Over a 401(k) To An IRA
Julie Bawden-Davis
Beagle 401k: Your Guide to Smart Retirement Planning
Benjamin Locke
10 Simple Steps To Planning A Comfortable Retirement
Gina Young
Are 401(k) Contributions Tax Deductible In 2026?
Andrew Latham
Roth IRA vs. Index Fund: 7 Key Differences Every Investor Should Know
Benjamin Locke
Types of Savings Accounts Explained: Which is Right for You?
Andrew Latham
Are Roth IRA Contributions Tax Deductible in 2026?
Andrew Latham
About Specific Types of Retirement Accounts
- 401(k) plans: These are employer-sponsored retirement plans that allow you to save a portion of your income on a tax-deferred basis. Your employer may match a portion of your contributions, which can help you save even more for retirement.
- Traditional IRAs: These are individual retirement accounts that allow you to save for retirement on a tax-deferred basis. Contributions to a Traditional IRA may be tax-deductible, depending on your income and whether you have a retirement plan through your employer.
- Roth IRAs: These are individual retirement accounts that allow you to save for retirement on a tax-free basis. Contributions to a Roth IRA are made with after-tax dollars, and you can withdraw the money you've saved in the account tax-free after age 59 1/2 as long as you've had the account for at least five years.
- Self-Directed IRAs: These are retirement accounts that give you more control over the investments in your account. With a Self-Directed IRA, you can invest in a wider range of assets, including real estate, precious metals, and private businesses.
- Gold IRAs: These are retirement accounts that allow you to invest in physical gold, silver, platinum, or palladium. With a Gold IRA, you can hold these precious metals in a tax-deferred or tax-free account, depending on whether it is a Traditional IRA or a Roth IRA.